BAFTA says it has suspended Harvey Weinstein’s membership because of the “very serious allegations” of sexual harassment that have engulfed the Hollywood mogul.
The British film academy said it wanted to send a “clear message that such behaviour has absolutely no place in our industry”.
Theresa May’s spokesman has also hinted that the Prime Minister supports taking away his CBE for services to the British film industry.
Weinstein has been accused by a number of women of sexual harassment and rape in a case that threatens to wipe out the career of one of Hollywood’s most powerful figures.
It started with a story published by The New York Times, exposing “previously undisclosed” allegations from actresses including Ashley Judd and Rose McGowan.
The New Yorker magazine then published a recording of Weinstein admitting to groping a model, and also alleged he raped three women.
:: ‘An overcrowded brothel’: Hollywood’s casting couch
Hollywood stars Gwyneth Paltrow and Angelina Jolie have also accused the movie producer of making unwanted advances.
Weinstein continues to “unequivocally deny” allegations of non-consensual sex against him and of illegal sexual harassment.
BAFTA (the British Academy of Film and Television Arts) said it had informed him “that his membership has been suspended, effective immediately”.
“Whilst BAFTA has previously been a beneficiary of Mr Weinstein’s support for its charitable work, it considers the reported alleged behaviour completely unacceptable and incompatible with BAFTA’s values,” it adds.
“We hope this announcement sends a clear message that such behaviour has absolutely no place in our industry.”
On Tuesday, Weinstein’s British-born wife Georgina Chapman also announced she was leaving him.
She described her husband’s behaviour as “unforgivable” and said “my heart breaks for all the women who have suffered tremendous pain”.
:: Weinstein: Accusers, critics and defenders
Theresa May’s spokesman said anyone coming forward with allegations should be praised.
“The reports over the recent days are deeply concerning,” she said. “Any unwanted sexual activity is completely unacceptable and any allegations should be investigated.
“The independent Honours Forfeiture Committee considers cases where the honours system has been brought into disrepute.
“Their discussions are confidential. It is right that we let them get on with their work.”
Sky’s Chief Political Correspondent Jon Craig said it sounded “like a hint that they are looking into this already”.
“It sounds as though there is support at the highest level of government – the Prime Minister – for the honours forfeiture committee perhaps stripping Harvey Weinstein of his honorary CBE,” Craig added.
It comes after a number of senior Labour MPs signed a letter to Theresa May, calling for the CBE to be revoked.
“These revelations prove that Mr Weinstein has fallen far short of the standards we expect from recipients of a CBE,” the letter said.
Former US president Barack Obama has also said he and his wife were “disgusted” by the allegations against Weinstein, who has been a major donor to the Democratic Party since the early 1990s.
The growing condemnation comes as The New Yorker said Asia Argento, an Italian actress, had told the magazine that Weinstein forcibly performed a sex act on her.
She and two other women allege that Weinstein raped them, The New Yorker said.
The magazine also published a recording of Italian model Ambra Gutierrez telling Weinstein she is “not comfortable” as he tells her repeatedly to come and sit next to him and to go to the bathroom to take a shower.
Towards the end of the recording, Gutierrez asks Weinstein: “Why yesterday you touch my breast?”, to which he responds: “Oh, please, I’m sorry, just come on in. I’m used to that. Come on. Please.”
Gutierrez responds: “You’re used to that?” to which Weinstein says: “Yes, come in.”
She then tells him: “No, but I’m not used to that,” to which he replies: “I won’t do it again, come on, sit here.”
In a statement released after his wife left him, Weinstein said: “Over the last week, there has been a lot of pain for my family that I take responsibility for.
“I sat down with my wife Georgina, who I love more than anything, and we discussed what was best for our family.
“We discussed the possibility of a separation and I encouraged her to do what was in her heart. In the end, she made the decision to separate.
“I understand, I love her and I love our children and hopefully, when I am better, I will be in their lives again.
“I support her decision, I am in counselling and perhaps, when I am better, we can rebuild.”